TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

FIRST-PRICE AUCTION [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2022-10-31

English

Subject field(s)
  • Sales (Marketing)
  • Internet and Telematics
DEF

[An auction in which] the item being sold is awarded to the highest bidder who pays the price equal to his bid.

CONT

… in first-price auctions, the highest bidder wins, and has to pay whatever they bid.

French

Domaine(s)
  • Vente
  • Internet et télématique
DEF

Enchères aboutissant à la vente du bien à un prix égal au prix le plus élevé proposé.

CONT

[...] dans les enchères au premier prix, le plus offrant gagne, et doit payer ce qu'il avait proposé.

Spanish

Campo(s) temático(s)
  • Ventas (Comercialización)
  • Internet y telemática
CONT

Otro factor clave a determinar en una subasta es cómo establecer el precio que paga el participante ganador. Comúnmente, el participante con la puja más alta gana el lote y el precio a pagar coincide con su puja (subasta de primer precio).

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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